Question: Problem 1 7 - 2 A ( Algo ) Part 2 2 . Complete the below table to calculate income statement data in common -

Problem 17-2A (Algo) Part 2
2. Complete the below table to calculate income statement data in common-size percents.
Note: Round your percentage answers to 2 decimal places.
Answer is not complete.
\table[[KORBIN COMPANY],[Common-Size Comparative Income Statements],[For Years Ended December 31,2021,2020, and 2019],[,2021,,2020,,2019,],[Sales,100.00%,,100.00-,%,100.00(,%],[Cost of goods sold,113.23,,144.17(,,100.00,],[Gross profit,(13.23),,(44.17),,0.00,],[Selling expenses,15.32(,,14.88,,14.24,],[Administrative expenses,10.00,,9.70*,,9.20,],[Total expenses,25.32,,24.58,,23.44,],[Income before taxes,100.00,,100.00(,,100.00(,],[Income tax expense,,,,,,],[Net income,,%,,%,,%]]
Problem 1 7 - 2 A ( Algo ) Part 2 2 . Complete

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